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AC today announced that has completed the acquisition of TAR from H Holding LLC for $64 million in cash, subject to certain closing and post

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AC today announced that has completed the acquisition of TAR from H Holding LLC for $64 million in cash, subject to certain closing and post closing adjustments TAR generated sales and EBITDA of approximately 590 million and $10 million, respectively, over the past twelve months. The Company expects to achieve annualized synergies of 54 to 55 million by the third fiscal year after closing. The Company financed the transaction primarily with borrowings from is existing credit facility The price-to-sales multiple in this deal is The price-to-EBITDA multiple in this deal is Suppose TAR has depreciation and amortization of 2 million, interest expenses of 1 million and its tax rate is 40%. Its earnings growth is 14%. The PEG ratio of this deal is

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